Gold is being offered at a steep discount in Dubai, as the war in the Middle East grounds flights and hampers suppliers’ ability to move bullion out of the key trading hub.
Dubai traders are reportedly being forced to slash gold prices.
MUMBAI/LONDON, March 9 (Reuters) - Gold in Dubai is trading at a discount to London as flight constraints caused by the Middle East conflict keep more bullion in the local market, while demand remains ...
Middle East tensions disrupting logistics have forced Dubai bullion traders to sell gold at discounts, even as global prices rise. Analysts warn prolonged conflict could slow supply and push gold ...
Gold prices continued to trend downward in Dubai on Friday, dropping over Dh2 per gram in early trade. The precious metal is ...
Dubai has long held the title of the world’s “City of Gold,” serving as a vital hub for global bullion trade. However, recent ...
With rising tensions from the Israel-Iran conflict, Indian expatriates in Dubai are cashing in on their gold investments.
With gold usually transported in the cargo holds of passenger aircraft, the flight suspensions have effectively stalled physical bullion shipments to and from the emirate.
The removal of the jewellery value cap for travellers aims to assist Indian citizens returning from places like Dubai, where gold prices are lower amid the US-Iran conflict. Here's how much duty-free ...
The mass cancellation of flights to and from bullion hub Dubai has left traders unable to move their metal, highlighting the potential bottlenecks to physical gold flows that could emerge from war in ...
March 2026 Gold Price Update - Gold rate in India moved down by 0.66% over its previous close. Check the latest 18K, 22K and ...
March 2026 Gold Price Update - Gold rate in India moved up by 0.96% over its previous close. Check the latest 18K, 22K and 24K gold price in major cities in India and Dubai.